Main Street Capital Corporation

Based in Houston, Main Street Capital is a business development company that lends to and takes equity stakes in smaller private companies, the kind with roughly $10 million to $150 million in annual revenue that are too big for a bank branch and too small for Wall Street. It was formed in 2007 and, unusually for the sector, manages itself rather than paying an outside adviser, which keeps its cost structure lower than most rival BDCs. That efficiency underpins the thing income investors prize about it: a monthly dividend that management has rarely cut, supplemented by periodic special payouts. Main Street earns interest on its debt investments and books gains when its equity positions appreciate, financing management buyouts, recapitalizations and acquisitions along the way.

On MyRWA, MAIN trades tokenized across 1 on-chain venue - see the listings below.